President Ruto refers Finance Bill 2024, back to National Assembly

President William Ruto during a press conference in Nairobi on Wednesday, June 26. [Standard, File]

President Ruto has penned a presidential memorandum referring the Finance Bill, 2024, back to the National Assembly, citing widespread public dissatisfaction.

"In exercise of the powers conferred to me by Article 115(1)(b) of the Constitution and having reservations on the contents of the Bill in its entirety, I decline to assent to the Finance Bill, 2024, and refer the Bill for reconsideration by the National Assembly," said Ruto.